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(Table: Firms a and B XIII)

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(Table: Firms A and B XIII) (Table: Firms A and B XIII) a. In a simultaneous game, what is the Nash equilibrium? b. In a sequential game, what is the Nash equilibrium if Firm A moves first? Does Firm A have a first-mover advantage?
a. In a simultaneous game, what is the Nash equilibrium?
b. In a sequential game, what is the Nash equilibrium if Firm A moves first? Does Firm A have a first-mover advantage?

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a. (140 , 55)
b. The Nash equilibrium is...

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